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Aug 14, 2012
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>> yeah, there are two bipartisan major things that ryan does. you mention medicare, and more recently the democratic senatorwiden from oregon along with paul ryan put together a proposal that makes it look a mitt little more like the way government workers are treated on health care. it's real progress. the other bipartisan part of what ryan has done is he takes bill clinton's welfare reform, passed in 1996, has been phenomenally successful, and applies that block granting and reduces the strings and regulations to all of the other means tested welfare programs. that should be controversial strikes me as odd, it was the one success that clinton had. >> i noticed that and what struck me about it is it gives us an idea of how the democrats will attack this. you say they're gutting those programs, and it's a completely erroneous hafor the discussion. >> it points out how far obama is away from bill clinton. bill clinton signed welfare reform, the hard left said people will starve in the streets, you're cutting welfare rather than reforming it. toda
>> yeah, there are two bipartisan major things that ryan does. you mention medicare, and more recently the democratic senatorwiden from oregon along with paul ryan put together a proposal that makes it look a mitt little more like the way government workers are treated on health care. it's real progress. the other bipartisan part of what ryan has done is he takes bill clinton's welfare reform, passed in 1996, has been phenomenally successful, and applies that block granting and reduces...
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Aug 22, 2012
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ryan versus biden. what do you think? >> look, ryan is appealing. the issue is that the romney-ryan plan is not going to help the economy. again, it is centered around giving bigger tax cuts to the highest earners in the down true. i'm sure it's great for them. romney promised it would be revenue uh neutral. so tax rates have to go up on the poorest americans. if they are saying, we are going to cut across the board 20% what will that do to the deficit which you have been talking about? >> it's a corporate tax cut, a personal grind down on the rates. it has middle class preferences, an energy policy that favors keystone. it is regulatory break downs in tter trade capping at 20%. we're spending well beyond our means. cbo articulates it clearly. it is another data point that goes drip, drip, drip in the argument against the re-election of the president. i think they will prosecute it next week. >> it's a great idea that we have a spending cap. clearly congress is incompetent. they cannot control it. not next year. we cut it radically we'll crush the e
ryan versus biden. what do you think? >> look, ryan is appealing. the issue is that the romney-ryan plan is not going to help the economy. again, it is centered around giving bigger tax cuts to the highest earners in the down true. i'm sure it's great for them. romney promised it would be revenue uh neutral. so tax rates have to go up on the poorest americans. if they are saying, we are going to cut across the board 20% what will that do to the deficit which you have been talking about?...
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Sep 24, 2012
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>> no. >> you like rex ryan, too. the fat or the thin rex ryan? >> he looks good. >> i like the fat rex ryan. >> i like the knew one. >> al roker hasn't been the same. 150 pounds ago is when i thought -- >> you got on give him credit for it. >> but, i don't know, it's because they don't look -- >> i didn't realize it was the same guy first time i saw him. >> i like fat rex. >> let's get to today's national forecast. alex wallace joins us from the weather channel. i didn't bring my coat in and i regretted it this morning. >> you you see, you got to check with us before you head outdoors. no doubt about it, a cool start for parts of the northwest. midwest, as well. east coast generally going to stay dry. back out in the portions of the intermountain west, a little bit of weather weather to contend with there. what do we expect for the day? temperatures should warm up in new york city to the 60s for this afternoon, so certainly a fall-like day there. then we head into atlanta and enjoying the southwest. there's your risk for storms in and around miam
>> no. >> you like rex ryan, too. the fat or the thin rex ryan? >> he looks good. >> i like the fat rex ryan. >> i like the knew one. >> al roker hasn't been the same. 150 pounds ago is when i thought -- >> you got on give him credit for it. >> but, i don't know, it's because they don't look -- >> i didn't realize it was the same guy first time i saw him. >> i like fat rex. >> let's get to today's national forecast. alex wallace...
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Aug 22, 2012
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so we decided to check on the project that is ryan or his staff helped get funding for. the most ambitious was a $20 million grant in the wisconsin energy conservation and the letter said create or retain 7,600 jobs over 6 years. two years in, the agency reports shy of 156 jobs and counted under the law the actual number could be a lot less a. grant to the milwaukee area technical college created four jobs and retained another 20 according to the college and $190,000 grant for energy research is 1.3 jobs. altogether, about 182 jobs but at a cost of around $21 million. the romney campaign is out this week with a new ad accusing the president of e lem nating the welfare to work requirement. >> on july 12th, president obama quietly ended the work requirement cutting welfare reform. >> this is what the administration did, a memo of health and human services testing alternatives as long as they're designed to improve employment outcomes, the memo specifically says the work requirement remains. in the news conference this week, president obama distanced himself from a superpac
so we decided to check on the project that is ryan or his staff helped get funding for. the most ambitious was a $20 million grant in the wisconsin energy conservation and the letter said create or retain 7,600 jobs over 6 years. two years in, the agency reports shy of 156 jobs and counted under the law the actual number could be a lot less a. grant to the milwaukee area technical college created four jobs and retained another 20 according to the college and $190,000 grant for energy research...
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Oct 12, 2012
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ryan is real start. if you start attacking him on taxes and medicare ryan will quietly and calmly rebut you. if ryan tries to pull the foreign policy string, he's going to have a hard time with the benghazi problem. everyone is talking about cover-ups and falsehoods and biden has not said a word to the press. he's going to get tied up in knots over benghazi. >> a story fresh in everyone's mind. governor john engler, currently head of the business round table. great to have you tonight. welcome? >> thank you, carl. >> the debate comes on a day where you've got lloyd blankfein, simpson and bowles, on national television, on cnbc, talking debt and deficit. that's got to be one of the key issues tonight? >> it should be. it's very important issue for the nation and you've got the president of the senate and vice president there and chairman of the house budget committee, we've got two people who have their positions well staked out, it ought to be a good conversation. >> governor engler, that could get diffi
ryan is real start. if you start attacking him on taxes and medicare ryan will quietly and calmly rebut you. if ryan tries to pull the foreign policy string, he's going to have a hard time with the benghazi problem. everyone is talking about cover-ups and falsehoods and biden has not said a word to the press. he's going to get tied up in knots over benghazi. >> a story fresh in everyone's mind. governor john engler, currently head of the business round table. great to have you tonight....
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Dec 3, 2012
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it also assumes a variant of the ryan budget proposal for medicare, which goes to -- from a normal fee for service medicare to some sort of premium support plan. mitt romney adopted that in the campaign. interestingly, pete domenici and allison rivlin advocated what romney campaigned on as a fundamental change in medicare. i do think this is a reflection of progress they're exchanging numbers on paper. i talked to the senate democratic leadership. they said, we're not going to react until we hear from the white house. the president is going to have a photo op in a few minutes with the bulgarian president. we'll see if the president gets thrown a question and whether he offers a reaction. haven't heard anything from white house staff so far in reacting to this, guys. >> essentially they're picking up negotiations where they left off in august of '11 when the grand bargain fell apart. isn't this what we're talking about here? >> that is right. the speaker's office clarified the proposal they essentially laid down is drawn from erskine bowles' individual testimony to the super committee i
it also assumes a variant of the ryan budget proposal for medicare, which goes to -- from a normal fee for service medicare to some sort of premium support plan. mitt romney adopted that in the campaign. interestingly, pete domenici and allison rivlin advocated what romney campaigned on as a fundamental change in medicare. i do think this is a reflection of progress they're exchanging numbers on paper. i talked to the senate democratic leadership. they said, we're not going to react until we...
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Oct 12, 2012
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i don't think the vice president was at all disrespectful to congressman ryan. it was a serious debate. >> he interrupted him a number of times. >> you're interrupting me, but i don't think you're disrespecting me. >> if i were martha i would have been upset with joe biden. three times he turns to her and says, wait, wait, wait, he got 40 seconds, you're going to give me 20? >> i thought she did a fine job. >> she did, but he was constantly criticizing her. >> i think martha did a great job. >> but joe biden told her repeatedly he didn't think so. >> i disagree. he was setting the rules of the game. he was taking the issues to the american people on medicare, on social security, on taxes. he was saying, who do you trust more, this guy who wants to voucherize medicare, this guy who wants to privatize social security, this guy who wants tax cuts for the wealthy, and he wants to raise taxes for the middle class. which team do you trust more? i think that was exactly the right conversation to be having with the american people. >> all right. got to go. >> none of it
i don't think the vice president was at all disrespectful to congressman ryan. it was a serious debate. >> he interrupted him a number of times. >> you're interrupting me, but i don't think you're disrespecting me. >> if i were martha i would have been upset with joe biden. three times he turns to her and says, wait, wait, wait, he got 40 seconds, you're going to give me 20? >> i thought she did a fine job. >> she did, but he was constantly criticizing her....
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Oct 3, 2012
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mitt romney's proposed with paul ryan an ambitious reformation of the program that would go to voucher, but he hasn't said what the level of the voucher would be or the growth rate in the voucher. if you don't specify that, you can't specify what your savings will be or the impact on consumers. and finally president obama last year in the grand bargain talks with house speaker boehner talked about more ambitious proposals than medicare than he's advocated so far like raising the eligibility age from 65 to 67. hasn't said a word about that in the election campaign so far. you can expect the two to clash on that issue, as well. >> john, i know you've looked at some poll numbers from the journal and nbc news. maybe a slight tightening on a national level. but certainly in some important states like ohio, the president continues to lead. i know you've said the romney strategists believe they need ohio. if it's mathematically possible to win without it, why do they still believe they need it? >> well, because if you don't win ohio, you're probably not going to win, say, wisconsin, which is
mitt romney's proposed with paul ryan an ambitious reformation of the program that would go to voucher, but he hasn't said what the level of the voucher would be or the growth rate in the voucher. if you don't specify that, you can't specify what your savings will be or the impact on consumers. and finally president obama last year in the grand bargain talks with house speaker boehner talked about more ambitious proposals than medicare than he's advocated so far like raising the eligibility age...
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Feb 2, 2012
02/12
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will there be sparks between him and paul ryan? >> and a mixed bag in the retail sales results, target, limited, costco, macy'macy's. we have to start off with facebook. now we have some of the metrics here that we didn't know before, we know how many users they have, 845 million users, we know how much revenue they make, it's an 88% growth rate. >> try to replicate this company, you can't. when you try to evaluate that company, if i gave you a lot of money, could you re-create it, i think you could regreet groupon. it guys, i got to tell you u facebook will reignite interest in our stock market. >> why will it reignite if the average person will buy in the after market will not see the same pop, and they know this by now. they've been through the ip. >> i think there was a secular decline in the stock market interest, post 1999, 2000. a lot of the new generation, remember, we got a lot of younger people who don't remember that era, who want to buy stock in that market. they have seen apple go from 1 to 450. >> people will see that
will there be sparks between him and paul ryan? >> and a mixed bag in the retail sales results, target, limited, costco, macy'macy's. we have to start off with facebook. now we have some of the metrics here that we didn't know before, we know how many users they have, 845 million users, we know how much revenue they make, it's an 88% growth rate. >> try to replicate this company, you can't. when you try to evaluate that company, if i gave you a lot of money, could you re-create it,...
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Jun 19, 2012
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. >> you look at a situation like this with someone like ryan raising red flags over american airlines, who could file bankruptcy or a number of years ago, carl icahn piling in the wic communities and she was warning they could file for bankruptcy. these things do happen. >> pointing out the alternative scenario. >> you will stay with us, aren't you? >> i am. >> i know what's coming. >> time for our disaster de jure. jc penney. >> you are seriously excited. >> am not. the problems keep mounting. >> you want to bet? >> i don't care about the stupid bet. it's a company with employees and jobs and people that matter. a big company and people rely on the success. we talk about -- i want to see jc penney to succeed base i want every company to succeed. that's what you want. this is a company that has a lot of problems right now. we're joined by jay rogers, an outspoken critic of jc penney. to clear it out, nobody is anti-jc penney. they have flaws and doesn't seem like the management right now doesn't understand who their customer is. >> i've been rooting for jc penney to win. i think revol
. >> you look at a situation like this with someone like ryan raising red flags over american airlines, who could file bankruptcy or a number of years ago, carl icahn piling in the wic communities and she was warning they could file for bankruptcy. these things do happen. >> pointing out the alternative scenario. >> you will stay with us, aren't you? >> i am. >> i know what's coming. >> time for our disaster de jure. jc penney. >> you are seriously...
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Nov 29, 2012
11/12
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ryan declining to comment here. he said, i'm trying to keep a low profile these days. i'm not going to come on cnbc and tell but it. he did say he thinks speaker boehner's press conference a little while after the geithner meeting really speaks for itself. let's take a listen to what boehner had to say. this is a little bit of what spooked the markets earlier today. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> so who is it, who's not being serious here? no surprise, the democrats think it is the republicans who aren't being serious up on capitol hill. take a listen to harry reid a little while ago as well. >> republicans know where we stand. we've said it, we've said it, we've said it so many times. president has said the same thing. it's been weeks -- at least two weeks since we met at the white house. we're still waiting for a serious offer from the
ryan declining to comment here. he said, i'm trying to keep a low profile these days. i'm not going to come on cnbc and tell but it. he did say he thinks speaker boehner's press conference a little while after the geithner meeting really speaks for itself. let's take a listen to what boehner had to say. this is a little bit of what spooked the markets earlier today. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real...
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Sep 17, 2012
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. >> what about gop candidate paul ryan said about what's going on in chicago, he was upset by it. he said about the strike, rahm and i have not agreed on every issue or on a lot of issues but mayor emrahm emanuel is right today in saying that the teachers. >> too much is just about the union's bad, break the unions, teachers unions are the problem here. look, if you look at the ten states that have no binding collective bargaining, no unionization at all among teachers, they have far worse achievement results than all the states that have high union density. the ten states with the highest achievement, nine out of ten are unions. the teachers unions are not what makes the difference here. what really matters is what goes on inside the school and what goes on outside the school in the larger community. >> steve, what about that? how does this differ with other teachers' strikes you've seen? >> well, i think first of all, the most important thing is what the teachers union in chicago keeps trying to do is basically make every excuse for not being evaluated. he basically gave their t
. >> what about gop candidate paul ryan said about what's going on in chicago, he was upset by it. he said about the strike, rahm and i have not agreed on every issue or on a lot of issues but mayor emrahm emanuel is right today in saying that the teachers. >> too much is just about the union's bad, break the unions, teachers unions are the problem here. look, if you look at the ten states that have no binding collective bargaining, no unionization at all among teachers, they have...
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Oct 12, 2012
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whole thing, ryan was prepared. he was on his game on foreign policy. watch what happens when paul ryan surprised everybody with his knowledge of foreign affairs. please take a listen. >> our ambassador in paris has a marine detachment guarding him. shouldn't we have a marine detachment guarding our ambassador in benghazi, a place where we knew that there was an al qaeda cell with arms? this is becoming more troubling by the day. they first blamed the youtube video, now trying to blame the romney/ryan ticket for making this an issue. >> and i think that the vice president, who has not faced the press since the benghazi incident, neither has the president faced the press, you know, we had a million tweets last night. we had so many tweets and believe me, i didn't have to cherry-pick the tweets. i've been very critical of this benghazi. people are furious in this country. so right there at the top of the debate on a subject that we didn't expect to happen, i believe ryan took the lead and he never relinquished it. >>
whole thing, ryan was prepared. he was on his game on foreign policy. watch what happens when paul ryan surprised everybody with his knowledge of foreign affairs. please take a listen. >> our ambassador in paris has a marine detachment guarding him. shouldn't we have a marine detachment guarding our ambassador in benghazi, a place where we knew that there was an al qaeda cell with arms? this is becoming more troubling by the day. they first blamed the youtube video, now trying to blame...
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Oct 8, 2012
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next one from ryan -- is it time to get into home builders? he noticed a strong residential and commercial demand. >> i wouldn't be buying home builders right here. i think they're all overly extended. we like the suppliers. home depots, even the drif plays like wells fargo that owns 33% of the mortgage market. clearly the housing game is in play but not the toll brothers. go with the derivative plays. >> seema, thanks. >>> catch strapped state and local governments across america are increasingly betting on casinos to help raise revenue. which stocks are cashing in on that trend, we'll turn to cnbc's brian schactman live at ohio at the opening of the hollywood columbus casino. not a bad assignment for the day, brian. >> reporter: not bad, although i only get to watch right now. we got to wait until i get off the clock. this had is a huge deal for ohio. they get jobs, they get tax revenue and they have a casino on a property that was actually abandoned. the question we want to ask on "fast money," what's in it for pen national gaming, ticker p
next one from ryan -- is it time to get into home builders? he noticed a strong residential and commercial demand. >> i wouldn't be buying home builders right here. i think they're all overly extended. we like the suppliers. home depots, even the drif plays like wells fargo that owns 33% of the mortgage market. clearly the housing game is in play but not the toll brothers. go with the derivative plays. >> seema, thanks. >>> catch strapped state and local governments across...
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Oct 1, 2012
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we bring in nick from key private bank, ryan from bimo capital market and our own bob pisani. gentlemen, good to see you. thanks for joining us. nick, if in kt end it's all about earnings, will the markets have a problem given the fact what we're seeing looking at the revenue side of the equation? >> the rate of growth is clearly slowing both on the sales and the earnings front. it's also a game of expectations. for the third quarter the expectations, we've been joking around saying expectations are zero for the quarter since there are no expectations for growth. we think it's going it come in more 4%, 5%. we think the majority of companies are going to beat. the important thing here, we think the expectations for the fourth quarter are too high. while they're too high, we think a majority are going to lower fourth-quarter guidance after reporting. not by the same magnitude as what was last quarter. the cuts are going to come but not be as severe as last quarter. >> brian, what do you think? what are your expectations for earnings going into this quarter? >> they're going to b
we bring in nick from key private bank, ryan from bimo capital market and our own bob pisani. gentlemen, good to see you. thanks for joining us. nick, if in kt end it's all about earnings, will the markets have a problem given the fact what we're seeing looking at the revenue side of the equation? >> the rate of growth is clearly slowing both on the sales and the earnings front. it's also a game of expectations. for the third quarter the expectations, we've been joking around saying...
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Oct 4, 2012
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. >> but paul ryan has disavowed the ryan plan. mitt romney is not bound he says by the ryan plan. mitt romney has offered a plan that is actually has so little in that you can't even run the numbers. i mean, if you have a plan that is basically filled with empty magic asterisks you can't analyze whether this will deal with a budget deficit in the future. the independent tax policy center said in fact -- >> it's a left wing group, for crying out loud. it's a left wing group. >> -- tonight on taxes. good to see you both. thanks for your time. as the president and governor romney make their final preps, corporate america gets their chance to weigh in. >> when we come back, the former president and coo of verizon on what big business wants to hear tonight. >> but before the break, money man jim cramer's take. >> nobody asked me. i'm not running. i'm not part of a debate. but i stand for higher stock prices for all. if you like me, i will put through my plan to switch to clean burning job creates natural gas vehicles and educate the mass's money. clean the skies. rebuild our run down i
. >> but paul ryan has disavowed the ryan plan. mitt romney is not bound he says by the ryan plan. mitt romney has offered a plan that is actually has so little in that you can't even run the numbers. i mean, if you have a plan that is basically filled with empty magic asterisks you can't analyze whether this will deal with a budget deficit in the future. the independent tax policy center said in fact -- >> it's a left wing group, for crying out loud. it's a left wing group....
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Sep 7, 2012
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an exclusive interview with vice presidential candidate paul ryan. also top white house economic adviser, alan krueger. "squawk on the street" is coming right back. for over 60,000 california foster children, having necessary school supplies can mean the difference between success and failure. the day i start, i'm already behind. i never know what i'm gonna need. new school, new classes, new kids. it's hard starting over. to help, sleep train is collecting school supplies for local foster children. bring your gift to any sleep train, and help a foster child start the school year right. not everyone can be a foster parent, but anyone can help a foster child. oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk
an exclusive interview with vice presidential candidate paul ryan. also top white house economic adviser, alan krueger. "squawk on the street" is coming right back. for over 60,000 california foster children, having necessary school supplies can mean the difference between success and failure. the day i start, i'm already behind. i never know what i'm gonna need. new school, new classes, new kids. it's hard starting over. to help, sleep train is collecting school supplies for local...
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Aug 22, 2012
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ryan's budget? >> well, they're linked but with due respect, governor romney already had a tax and bunk plan and that will be the plan for the campaign. it is very similar in many respects to what congressman ryan has been say bug it is a tax plan, it is a budget plan, it is governor romney's plan. one difference in romney/ryan and obama, is there will be leadership from the white house. there will be a budget plan sent to congress. >> how are you? >> great. >> looking at the next four weeks, you've got the republicans and democrats come together, they're going o have platforms, we're going to talk about taxes and tax reform. does the celebs of ryan change that dynamic with regards to a clear distinction between the role of government and the role of business and the role of the private sector? >> well, i think it clarifies what governor romney has been talking about. we need a government that is more responsible to the american people, it needs to be more smaller and focused and we need to say how
ryan's budget? >> well, they're linked but with due respect, governor romney already had a tax and bunk plan and that will be the plan for the campaign. it is very similar in many respects to what congressman ryan has been say bug it is a tax plan, it is a budget plan, it is governor romney's plan. one difference in romney/ryan and obama, is there will be leadership from the white house. there will be a budget plan sent to congress. >> how are you? >> great. >> looking...
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Aug 20, 2012
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. >>> plus, paul ryan and privatizing social security. he wrote aut it. now his opponents are harping on it. it was an unpopular idea when president bush 43 tried it. but is it a bad idea anyway? we're going to look at both sides of that. >>> and breaking the glass ceiling finall she was the first woman ever to serve as a president's national security adviser. no condoleezza rice is breakg ground again. this time at augusta national. it'sot all male anymore. details coming up. tdd#: 1-800-345-2550 when i'm trading, i'm so into it, tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 800-2550 that's what i have when i trade. tdd#: 1-800-342550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 ...helps me keep an eye on what's really important to me. tdd#: 1-800-345-2550 it's packed with tools that help me work my strategies, tdd#: 1-800-345-2550 spot patterns and find opportunities more easily. tdd#: 1-800-345-2550
. >>> plus, paul ryan and privatizing social security. he wrote aut it. now his opponents are harping on it. it was an unpopular idea when president bush 43 tried it. but is it a bad idea anyway? we're going to look at both sides of that. >>> and breaking the glass ceiling finall she was the first woman ever to serve as a president's national security adviser. no condoleezza rice is breakg ground again. this time at augusta national. it'sot all male anymore. details coming up....
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Nov 30, 2012
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. >> even the paul ryan plan on medicare doesn't really take effect for years down the road. >> i think the debt crisis that we face requires us to make serious decisions and it requires us to make those decisions now. thank you all. >> we've been listening to the house speaker comment. there he is leaving the room. comment on the fiscal cliff. headline -- john boehner calling the white house's most recent offer not a serious proposal reiterating the fact that is he willing to put revenues on the table but not through a raise in the tax rates, by closing loopholes. he wants lower tax rates. reiterating the republican position there. harold ford jr., the former democratic congressman, also doug holtz-eakin is the former congressional budget office director. keith banks is here with us as well. harold, your reaction to what the house speaker says here? certainly doesn't seem, if you listen to either the president or the speaker, that we're any closer to a deal. >> i was encouraged by the speaker's remarks. he didn't put his foot down and say no adamantly or irretrievably to anything. whet
. >> even the paul ryan plan on medicare doesn't really take effect for years down the road. >> i think the debt crisis that we face requires us to make serious decisions and it requires us to make those decisions now. thank you all. >> we've been listening to the house speaker comment. there he is leaving the room. comment on the fiscal cliff. headline -- john boehner calling the white house's most recent offer not a serious proposal reiterating the fact that is he willing to...
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Jun 12, 2012
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want to see where spirit will be in five, ten years, look at ryan air. very profitable. >> you guys are some of the best sector analysts on the street. i say about the airline industry, why bother? investors lose money here constantly. the only stock you picked i like is copa air. there is passionate growth and capacity growth. talk about the sector and the reason. >> you're right. it has been historically a dreadful seccer to. you can get your face ripped off very easily. i get that. there are a lot of structural impediments that need to be addressed. you look at other asset bay transports. the rail jumps out. there are legitimate consolidations here. capacity is being rationalized. that's a big time facilitator of ebit-da. the multiples are so low. you look at market caps relative to revenue. they could be five or ten over the next 10 to 15 years. consumers need expectations managed in terms of what they feel entitled to in terms of buying the product. airlines feel more aggressive. as you look forward there is a legitimate argument that we are in the
want to see where spirit will be in five, ten years, look at ryan air. very profitable. >> you guys are some of the best sector analysts on the street. i say about the airline industry, why bother? investors lose money here constantly. the only stock you picked i like is copa air. there is passionate growth and capacity growth. talk about the sector and the reason. >> you're right. it has been historically a dreadful seccer to. you can get your face ripped off very easily. i get...
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one, his selection of paul ryan was a great boom to us. we really felt like all right he's really serious. he wants to put policy first, he wants to put political courage ahead of political convenience. he wants substance ahead of ceremony and then the other thing is, as we begin to focus on the extent to the facts that this government is broken, we have a dysfunctional congress, we need a president that can fulfill the harry truman commitment that the only power i have is the power to make a bunch of damned fools do what they ought to be doing anyway. we've got to have a president that forces congress to get serious and go to work and fixes the broken executive branch that's just run amuck with executive orders and all kinds of bureaucratic mandates and so forth, and so the managerial capabilities to reorganize this government and make it, in fact, once again a functional servant of the best interests of the american people rather than political agent of me and my party is something we now see in romney as of paramount importance and fran
one, his selection of paul ryan was a great boom to us. we really felt like all right he's really serious. he wants to put policy first, he wants to put political courage ahead of political convenience. he wants substance ahead of ceremony and then the other thing is, as we begin to focus on the extent to the facts that this government is broken, we have a dysfunctional congress, we need a president that can fulfill the harry truman commitment that the only power i have is the power to make a...
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Oct 11, 2012
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but ryan has an entirely different political persona. he's very much a policy geek, he's very much on top of substance. and so i think that's not going to be easy for biden to do. one analog that might be useful is dick cheney and john edwards in 2004 when john kerry had built momentum against george w. bush and dick cheney sat down with john edwards and kind of portrayed him as a light weight who hasn't been around, who missed a lot of votes. cheney projected some sgchlt ravitas and did george bush a virs. and president obama is hoping joe biden can do that for him tonight. >> i was wondering if you're going to ask that question, are you ready if something god forbid were to happen, a heartbeat away, do you make that point with paul ryan when the republican caricature of biden keeps pointing that out? this guy is heartbeat away from the president? it depends which side of the aisle you're on as to who wins the argument. biden has been around a long time, but you don't need to be -- you can be a relative newcomer and be more prepared to
but ryan has an entirely different political persona. he's very much a policy geek, he's very much on top of substance. and so i think that's not going to be easy for biden to do. one analog that might be useful is dick cheney and john edwards in 2004 when john kerry had built momentum against george w. bush and dick cheney sat down with john edwards and kind of portrayed him as a light weight who hasn't been around, who missed a lot of votes. cheney projected some sgchlt ravitas and did george...
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Oct 1, 2012
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t" do you want to talk about the jets and rex ryan going crazy?d jets and rex ryan going crazy? told everybody not to go to pray pra monday and tuesday because tefs it was embarrassing. and the tebow throw which was a fine throw, but what's his name got totally killed. >> is that where santonio holmes got hurt? >> no, he was hurt earlier. people being carted off the field the whole time. >> let's get a check of the markets. from the third quarter, you saw very strong numbers coming in. the dow, s&p 500 and nasdaq all up about 4.3% or even better. that reverses some of the losses that we saw in the second quarter where the dow was down by 2.5%, s&p down by 3.3 and the nasdaq town by 5%. and, yes, the dow is almost about 5% below the all-time closing high of 14164. s&p about 8% away from it all-time closing high of 1565. a lot of things happening catod, but new quarter, new start. it is within striking distance, joe. >> i thought about that. you know all the different ways to win the election, the nasdaq might work for me for 30%. if that doesn't work, i'll back to the october low
t" do you want to talk about the jets and rex ryan going crazy?d jets and rex ryan going crazy? told everybody not to go to pray pra monday and tuesday because tefs it was embarrassing. and the tebow throw which was a fine throw, but what's his name got totally killed. >> is that where santonio holmes got hurt? >> no, he was hurt earlier. people being carted off the field the whole time. >> let's get a check of the markets. from the third quarter, you saw very strong...
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Aug 23, 2012
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>> paul ryan, an exclusive interview with paul ryan. kudlow will be on the show. looking forward to that. we have an exclusive interview with the head of tanger factory, stocks up 25%. jpmorgan says he can't go much higher than that. and an interview with the ceo of diageo, the largest spirits company in the world, still unable to buy jose cuervo, though. >> he's bringing samples as i understand it. >> is he? >> going to be an interesting 10:00. >>> let's get to six in 60 with jim. caterpillar. >> not too much of a good outlook so i don't know. >> joe global upperform at clsa. >> people were freaking out on coal. >> ultrapetroleum, a sell at stern. >> a lot of people have been saying we have a bottom in natural gas. clearly this is not that count of call. >> guess. you called it a disaster. >> guess is missing the mark. they used to an as separational brand. now it's a brand that's gone bad. >> salesforce.com. >> this is one of highest risk/reward stocks there is. you've got a guy sticking out his neck, piper saying the pipeline will be good. bernstein totally dis
>> paul ryan, an exclusive interview with paul ryan. kudlow will be on the show. looking forward to that. we have an exclusive interview with the head of tanger factory, stocks up 25%. jpmorgan says he can't go much higher than that. and an interview with the ceo of diageo, the largest spirits company in the world, still unable to buy jose cuervo, though. >> he's bringing samples as i understand it. >> is he? >> going to be an interesting 10:00. >>> let's get to...
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Aug 20, 2012
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uneven flow for paul ryan and his campaign trail today. a town hall starting in manchester, new hampshire in a few minutes, this as the republican national convention is days away. john harlan joins us from washington. i'm sure they were onlike to talk about the economy and their plan and all this stuff. -of- feeling they will be talking about the comments from one todd akin today. >> they will be talking about those ridiculous comments by akin. scott brown, the massachusetts incumbent republican senator has just called for todd akin to withdraw from that missouri senate race. you see republicans turning on what akin had to say. that's in the region of the country where romney and ryan are campaigning. that's certainly going to come up. >> he should. akin should step down, right? the republicans are now going to distance themselves from the guy anyway. but john, let's talk about it. romney and ryan would love to create a message of we're the best for the economy, we've still got 8% unemployment. every time they go out in public they are as
uneven flow for paul ryan and his campaign trail today. a town hall starting in manchester, new hampshire in a few minutes, this as the republican national convention is days away. john harlan joins us from washington. i'm sure they were onlike to talk about the economy and their plan and all this stuff. -of- feeling they will be talking about the comments from one todd akin today. >> they will be talking about those ridiculous comments by akin. scott brown, the massachusetts incumbent...
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Oct 11, 2012
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paul ryan is a guy who comes from the heartland of america. he represents the values of middle income families all across this nation. he knows this budget better than anybody in congress. and he knows pro-growth economics. he knows how to get america back to work. and he knows how to quit spending money we don't have. listen, the people who know paul ryan, you're not going to find a guy who has a purer heart, a smarter intellect and a smaller ego. america is very much going to appreciate the paul ryan that they see tonight. >> we will -- you said he has no intellectual peer in congress. we'll see how that plays itself out tonight. congressman, good to see you. have fun. jeff hensarling joins us from danville, kentucky. >>> capital markets op-ed. gary kaminsky. man, has there been a lot of news about jpmorgan in the past 24 hours. >> there has been. i'm standing here with judge. he's prepping for his show. he takes the best notes. >> it's called organization. >> judge, stay with it. the news today about bronstein, the cfo. sell side analysting
paul ryan is a guy who comes from the heartland of america. he represents the values of middle income families all across this nation. he knows this budget better than anybody in congress. and he knows pro-growth economics. he knows how to get america back to work. and he knows how to quit spending money we don't have. listen, the people who know paul ryan, you're not going to find a guy who has a purer heart, a smarter intellect and a smaller ego. america is very much going to appreciate the...
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Nov 29, 2012
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and then with house republicans including speaker john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then house minority leader nancy pelosi. president obama is signaling he's flexible on on where tax rates should go for the wealthiest americans. a return to the clinton era tax rates would have households pay between 36% to 39%. the president met with a group of 14 ceos wednesday afternoon. they offered support for resolving the if i can crisis with a proposal for higher taxes for those who make more than a quarter million dollars a year. sdl bo >> both sides have acknowledged that there will be revenue concessions and sbilgtment cent concessio concessions. i'm not a master of the political art here, but i would say if you have these point of views in a business context as close as they are, i would say a deal would be in reach. >> ford chairman bill ford junior agrees with blankfein saying he's confident the obama administration can reach a deal with congress to avoid the fiscal cliff. but speaking with reporters in bangkok, he says the a
and then with house republicans including speaker john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then house minority leader nancy pelosi. president obama is signaling he's flexible on on where tax rates should go for the wealthiest americans. a return to the clinton era tax rates would have households pay between 36% to 39%. the president met with a group of 14 ceos wednesday afternoon. they offered support for resolving the if i can crisis with a proposal...
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Oct 10, 2012
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both he and ryan have been, i think, five or six terms each. >> ryan in the house. >> right. >> he's in the house. but they've both had the same experience in terms of election. but 40 years of debating putting biden in somewhat of the driver's seat because of that. just because of his experience. >> we haven't seen him in five months on a tv network. on a national network. has not been an interview in five months. the last time he was on, he came out in favor of gay marriage and then the president had to -- >> he's saving himself. >> and there hasn't been a press briefing. a white house press briefing in 15 days because those can be on video. the gaggles you can't videotape and it's only people that are traveling with the president. credential guys can get into the other one, and there hasn't been one in 15 days. >> amazing. >> you wouldn't want to talk about anything in the last 15 days. >> exactly. talking about big bird and all that kind of stuff. but nothing about jobs and the economy really has come out of the white house. >> do you expect -- the debate last time around caught
both he and ryan have been, i think, five or six terms each. >> ryan in the house. >> right. >> he's in the house. but they've both had the same experience in terms of election. but 40 years of debating putting biden in somewhat of the driver's seat because of that. just because of his experience. >> we haven't seen him in five months on a tv network. on a national network. has not been an interview in five months. the last time he was on, he came out in favor of gay...
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Aug 22, 2012
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there's an issue introduced by paul ryan which is the medicare issue and the ryan budget. whose issue is that? when you look at president obama and mitt romney, that is an advantage for president obama, 50% say they agree with president obama more than mitt romney on the medicare issue and the mitt romney and paul ryan's desire to shift to a fixed voucher system. 34% support that ryan/romney position. ultimately though, the number one issue in in election is going to be the economy. what's the mood on the economy? you can see it split right down the middle. 50% say the economy's recovering. 46% say it isn't. that's where ultimately this election is going to be fought out until november. carl? >> john, a lot of discussion this week about whether or not we're over-playing the todd akin news out of missouri. it is consequential, you agree, yes? >> yes. we always over-place any development in the race. that's the nature of media, things get distorted and blown out of proportion. however, i think this is very unhelpful to the republican party. party leaders know it. that's why
there's an issue introduced by paul ryan which is the medicare issue and the ryan budget. whose issue is that? when you look at president obama and mitt romney, that is an advantage for president obama, 50% say they agree with president obama more than mitt romney on the medicare issue and the mitt romney and paul ryan's desire to shift to a fixed voucher system. 34% support that ryan/romney position. ultimately though, the number one issue in in election is going to be the economy. what's the...
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Oct 8, 2012
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budget, the ryan budget calls for across the board 20% tax cut but hear me out. it's not the tax cut i'm focusing on. when you cut taxes, or leave the bush tax cuts in place, et cetera, and get rid of regulations, that's supposed to generate growth in the economy. well, let the record show in the last six years a60 years our te years of job creation occurred when the marginal tax rate was over 50%. >> oh my god. >> of the top 20 and you can look that up, joe. >> i know, but -- >> we had the best -- >> same unemployment rate for the eight years of clinton as for the eight years of bush, 5.2, 5.3. >> but i'm looking at the last 60 years. >> right. >> cutting taxes and reducing regulations does not produce job growth. and the record backs it up. the record backs it up. >> but that's like talking in a vacuum without any of the external factors. >> not over 60 years. s acraze aas casey stengle saidn look it up. >> over 60 years the united states of america has always grown at about 3.2%. >> i'm talking about job creation. >> you can look it up. >> it is eloquent but t
budget, the ryan budget calls for across the board 20% tax cut but hear me out. it's not the tax cut i'm focusing on. when you cut taxes, or leave the bush tax cuts in place, et cetera, and get rid of regulations, that's supposed to generate growth in the economy. well, let the record show in the last six years a60 years our te years of job creation occurred when the marginal tax rate was over 50%. >> oh my god. >> of the top 20 and you can look that up, joe. >> i know, but --...
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Nov 16, 2012
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house republicans have acted with the ryan budget in the past. have won majorities again. the second biggest house republican majority since world war ii and ready to get to work and we want to see the president lead on the spending side in particular. >> congressman, it's john harwood. we have heard from the speaker that republicans are open to revenues. the question is going to be, can you get enough from loopholes and deductions or does the rate have to go up at some point? the president hasn't drawn an absolute line at 39.6 but are republicans willing to let the top rate go up at all if you can't get significant amount of deductions from loopholes? >> republicans aren't convinced in the house that the best place to go or the remedy is to raise taxes, to raise these rates. there's openness as you pointed out to revenues through growth and revenues through the abolition or limitation of deductions and other loopholes. that's where the action is. look. here's where the president has an unbelievable opportunity to eclipse this entire debate and to be the transformational p
house republicans have acted with the ryan budget in the past. have won majorities again. the second biggest house republican majority since world war ii and ready to get to work and we want to see the president lead on the spending side in particular. >> congressman, it's john harwood. we have heard from the speaker that republicans are open to revenues. the question is going to be, can you get enough from loopholes and deductions or does the rate have to go up at some point? the...
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Sep 28, 2012
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paul ryan is over here. what is it, like 4 million people there maybe? >> it starts there as you recall. actually started the whole deal for barack obama back in 2008. >> wow. can i talk about corn? >> yes. >> thank you. go ahead. >> all right. the new report out this morning corn is already jumping on the markets because it was bullish on corn and some traders had been expecting bearish news. they've been selling off corn this week but the usda says stocks as of the beginning of september for the year are 98 # bushels. that is under a billion bushels, very low. 988 bushels. the street was expecting slightly more than 1.1 billion. that is a 12% drop from stocks a year ago with most of it from grain facilities not from the farms. corn supplies on the farm are only down slightly. perhaps as farmers are holding on to corn to meet contract commitments. soybeans, the market is mixed. it was a bearish report with ending stocks a little higher than expected at 169 million bushels. still, a 21% drop in a year. bullish wheat with stocks as of the beginning of sep
paul ryan is over here. what is it, like 4 million people there maybe? >> it starts there as you recall. actually started the whole deal for barack obama back in 2008. >> wow. can i talk about corn? >> yes. >> thank you. go ahead. >> all right. the new report out this morning corn is already jumping on the markets because it was bullish on corn and some traders had been expecting bearish news. they've been selling off corn this week but the usda says stocks as of...
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Mar 14, 2012
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paul ryan is a friend of mine. that's a paul ryan message. in some sense that's the most important futuristic thing out there. but i don't want to detract. there is no global armageddon, okay? i think that's very important and therefore stocks are responding to that nicely. >> i think the economies of the world will bow about a 125 average for the next couple of years. >> 200 is the goal. >> 200's good, under 100 isn't good. >> it's been so long since bowling. i had to think about that. the u.s. may be 175. >> i think we can do a little bit better but we're still in a global environment. you can't swim outside the confines of the global pool. >> i really like the message of falling gold because when gold soars, that's not productive. >> on the world trade. >> it's an end of the world type trade. now with gold coming back down -- you know what i would like to see? i would like to see den bernanke appreciate the dollar and restore it to king dollar status. it about 80, 85 on the fed index, get it back to 100, get it back to 110. you'd see a dro
paul ryan is a friend of mine. that's a paul ryan message. in some sense that's the most important futuristic thing out there. but i don't want to detract. there is no global armageddon, okay? i think that's very important and therefore stocks are responding to that nicely. >> i think the economies of the world will bow about a 125 average for the next couple of years. >> 200 is the goal. >> 200's good, under 100 isn't good. >> it's been so long since bowling. i had to...
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Aug 23, 2012
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. >> joining us, ryan falder, ceo of crowd funding. welcome. >> thank you. >> i need to let everybody know what crowdfunding. >> give us the quick explanation. >> crowd funding whats a brought definition it basically means a group of people come together to fund a project or company. it could mean donating in a company or in our case, receiving equity from that business. >> so it's not a public offering. what if it's more than 500 people? >> that's right. it's not more than 3500 people. >> it can't be, once you get beyond 500, you have to stop the process? >> jobs act? >> back in april. >> and expanded it to what? >> 2,000. >> so wait, they did something positive. that's what i'll talk about with joe when he comes back. okay, so now let's talk about your company. you have a specific niche in this crowded, crowd funding business. >> we do, consumer products and specifically consumer products companies with more than $1 million. the reason we focus there fundamentally we don't think this industry or our company exists in five years if in
. >> joining us, ryan falder, ceo of crowd funding. welcome. >> thank you. >> i need to let everybody know what crowdfunding. >> give us the quick explanation. >> crowd funding whats a brought definition it basically means a group of people come together to fund a project or company. it could mean donating in a company or in our case, receiving equity from that business. >> so it's not a public offering. what if it's more than 500 people? >> that's...
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. >> one of the persons in your cross hairs the most is paul ryan. you think that that plan makes no sense to have trillions cut with no way of covering the revenue laws. >> that's right. i think the greatest weakness of the ryan plan is that he says he wants to balance the budget and that is his primary concern but he has a massive tax cut included in this package. now, at an absolute minimum that means you are going to have to cut even more spending if you are going to get to a balanced budget. and i think that makes no sense. you are coming and going at the same time. >> who is at fault here, bruce? if you did have to point fingers, both sides, democrats aren't serious about entitlement cuts. is anything possible after the election? >> i doubt anything is going to happen in the lame duck session. obviously everything depends on who wins. i think it's wrong to say that both sides are equally at fault. i think the democrats are far, far more willing to talk about cutting entitlements than republicans are about raising taxes. they are just adamantly
. >> one of the persons in your cross hairs the most is paul ryan. you think that that plan makes no sense to have trillions cut with no way of covering the revenue laws. >> that's right. i think the greatest weakness of the ryan plan is that he says he wants to balance the budget and that is his primary concern but he has a massive tax cut included in this package. now, at an absolute minimum that means you are going to have to cut even more spending if you are going to get to a...
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Oct 4, 2012
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and i think the only thing that would worry me is if i really believed that romney and ryan were going to get elected and they were going to come in and dramatically cut government spending, that would lead to a recession, and that would worry me. but i don't think they're going to get elected, but more importantly, i don't think they would do that if they did get elected. nears no republican that ever has. i think ceos are focused on what the consumer is doing, what are their customers doing. and as jim cramer said a little earlier, i think between 23 and 27 minutes of the world's focus was on this last night. the people have moved on to more substantive topics now. >> so the bottom line is that it does not matter for a domestic business who gets elected? when it comes to the fundamental -- >> i think it does matter, but i think it matters because i think barack obama is the person who is most likely to be able to continue growing the economy. and the things that romney has proposed are unlikely to be successful. but i don't think ceos react to something like a debate. you know, they'
and i think the only thing that would worry me is if i really believed that romney and ryan were going to get elected and they were going to come in and dramatically cut government spending, that would lead to a recession, and that would worry me. but i don't think they're going to get elected, but more importantly, i don't think they would do that if they did get elected. nears no republican that ever has. i think ceos are focused on what the consumer is doing, what are their customers doing....
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Apr 4, 2012
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it was all about paul ryan. this little guy that no one ever heard of before is the new -- is the it boy. he's the new anti-christ in this administration. if there's a -- this is great. if there's a curve for presidential invective, they hit it yesterday. trojan horse, social darwinism, the president's depiction of the formally obscure house budget chairman as a political monster. is itself telling. >> do you think paul ryan could be v.p.? >> i would -- i would -- couple of rs. the logo we got for rubio we can't use. the r.r. logo. >> i've seen his name come up in a couple of places. >> he's competent. >> he's interesting too. >> he's got the new haircut after we, you know, i think carl used to talk about it, remember? >> remember, though, they asked him to run for senate, this campaign to try to get him to run for senate. he said he wanted to stay where he could do the most work on ways and means committee. >> this is a nasty editorial. mr. obama's conceding -- >> where did he say all this? >> a speech yesterda
it was all about paul ryan. this little guy that no one ever heard of before is the new -- is the it boy. he's the new anti-christ in this administration. if there's a -- this is great. if there's a curve for presidential invective, they hit it yesterday. trojan horse, social darwinism, the president's depiction of the formally obscure house budget chairman as a political monster. is itself telling. >> do you think paul ryan could be v.p.? >> i would -- i would -- couple of rs. the...
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Nov 29, 2012
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first harry reid at about 10:00 and then followed by a session with john boehner, eric cantor, paul ryan and chairman of the house's tax writing ways and means committee dave camp. also lunch with republican senate minority leader mitch mcconnell and nancy pelosi. yesterday a number of high profile corporate leaders met with president obama at the white house, including lloyd blankfein. >> both sides have acknowledge there had is revenue concessions and entitlement concessions. in fact if you listen to it, again, i'm not a master of the political art here, but i would say if you have these point of views in a business context, i would say a deal would be in reach. >> among our guests this morning, we have ron johnson. at the white house today, president obama will host mitt romney for a private lunch. it's their first meeting since the election. and this his victory speech, obama promised to engage with romney and consider his ideas. >> a lot of people didn't think the lunch would ever happen. >> interesting if he's going to be talking about ideas, mitt romney's idea had been to reach so
first harry reid at about 10:00 and then followed by a session with john boehner, eric cantor, paul ryan and chairman of the house's tax writing ways and means committee dave camp. also lunch with republican senate minority leader mitch mcconnell and nancy pelosi. yesterday a number of high profile corporate leaders met with president obama at the white house, including lloyd blankfein. >> both sides have acknowledge there had is revenue concessions and entitlement concessions. in fact if...
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joining us is kevin ryan, former ceo of gilt groupe. most of the items available through daily flash sales. we'll talk about other problems as well. how challenged is this model right now? >> the incredible thing is the daily deal space alone, which didn't exist four years ago, this year will probably do $4 billion in revenue. there were too many players, and it's consolidating. we'll be left with a couple of large players. we've seen this many times on the internet, and it's healthy. those companies will be successful. we're having a record month, record quarter profit-wise, everything. the big ones are going to do well. >> are consumers still accepting of a push, a deal that is pushed to them rather than one they have to go search themselves? >> yeah. the sector is growing this year faster than e-commerce in general. it's growing faster than retail. it's not growing at 10,000% a year anymore because it's so big. the fundamentals look great. most people would love 30% to 50% growth per year, crossing over into profitability. that's wha
joining us is kevin ryan, former ceo of gilt groupe. most of the items available through daily flash sales. we'll talk about other problems as well. how challenged is this model right now? >> the incredible thing is the daily deal space alone, which didn't exist four years ago, this year will probably do $4 billion in revenue. there were too many players, and it's consolidating. we'll be left with a couple of large players. we've seen this many times on the internet, and it's healthy....
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May 25, 2012
05/12
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and then the quality of the people you spoke to about him, tim cook -- or ryan john son, i should say. >> right. not bad. all of them have nothing but good things to say. >> this is at least a bright spot to end the holiday weekend. the number is huge. it's 79.3. now, i'll tell you, that is the strongest number. get this, since october of '07, according to my records when the number was 80.9. so that is amazing. that was the mid month read. this is may final. this is really against a 76.4, which the final for april. so, you know, it's kind of the same in europe we've seen some better confidence numbers in france. a lot of this could be the drop in gasoline prices. >> not too much reaction here. amazing, the best level since october, 2007. >> did you see germany consumer confidence was steady in may? or just by these headlines. >> these surveys are not much of anything. always hard to say. but the market perhaps taking a little bit of time. financials did turn around, i noticed a bit. but that could be as much lack of headlines out of europe as anything else. we're watching morgan stan
and then the quality of the people you spoke to about him, tim cook -- or ryan john son, i should say. >> right. not bad. all of them have nothing but good things to say. >> this is at least a bright spot to end the holiday weekend. the number is huge. it's 79.3. now, i'll tell you, that is the strongest number. get this, since october of '07, according to my records when the number was 80.9. so that is amazing. that was the mid month read. this is may final. this is really against...
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Jun 6, 2012
06/12
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we've all seen "previous ryan." i was just reading, he sent 160,000 guys to storm that beach. unfortunately, the first 10,000 were going to certain death, i think, at that point, almost. the guys that came out of those boats. i mean, it took a lot of leadership from him, and it took a lot of nerve and guts and grit from our guys, too, right? >> oh, absolutely. well, the projections were pretty awful. and in many cases, they were expecting up to 50% casualties. and they sent 150,000 men onto the beaches. so they were looking at wounded and dead of possibly 75,000. that's not what happened. they actually had casualties around 2500, which is still awful for those families. but it's amazingly less than what they were thinking they were going to encounter. and it's all because of risk management and extensive planning. they just planned and planned and planned and never stopped planning, never stopped dealing with contingencies and risk. >> they also had to pull the trigger. >> you know, ike pulled the trigger -- >> a different term to use, but ike had to decide that i'm willing to
we've all seen "previous ryan." i was just reading, he sent 160,000 guys to storm that beach. unfortunately, the first 10,000 were going to certain death, i think, at that point, almost. the guys that came out of those boats. i mean, it took a lot of leadership from him, and it took a lot of nerve and guts and grit from our guys, too, right? >> oh, absolutely. well, the projections were pretty awful. and in many cases, they were expecting up to 50% casualties. and they sent...
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Oct 16, 2012
10/12
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but i'm not sure how far -- ryan made an effort in the debate to say this is an example of the -- he's trying to create an a. massive pattern of the unraveling of the administration's foreign policy. i'm not sure you can connect the dots in that way. and convince the american people that there was some pattern of negligence. people know that that's a very dangerous part of the world. as a country we've lived through a whole lot of loss of life and casualties of various kinds. so i'm not sure how much of a game changer that ultimately is. >> you switched it from take to bear. he hasn't taken responsibility, but he bears responsibility. >> yeah. >> but you changed it as a good journalists you are. >> because she took last night. >> she's in peru, right? she basically said no one else will take it, so, okay, i'll take it. the way that it -- >> it was purposeful. >> you saw the editorial in the journal today? >> did not. >> there's an -- >> i was watching the giants. >> they stuck susan rice in there and it's entitled hillary's responsibility. >> that's just it, this was an orchestrated --
but i'm not sure how far -- ryan made an effort in the debate to say this is an example of the -- he's trying to create an a. massive pattern of the unraveling of the administration's foreign policy. i'm not sure you can connect the dots in that way. and convince the american people that there was some pattern of negligence. people know that that's a very dangerous part of the world. as a country we've lived through a whole lot of loss of life and casualties of various kinds. so i'm not sure...
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Oct 15, 2012
10/12
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>> no, because paul ryan understands i'm all in favor of compromising on the road to liberty. we wanted a $6 trillion spending cut over the next decade when we had that argument in 2011. we got $2.5 trillion, not $6 trillion, not as much as i wanted, not as much as paul ryan wanted, but lower spending than obama was planning. obama instead of reducing spending wants to raise taxes rather than spending cuts. that's not compromising. that's losing. >> another issue, mr. norquist, it really got under my skin again to listen to the vice president debate and listen to joe biden look at the camera and talk about millionaires and billionaires. hey, i want to go on the hunt for this 750,000, the math doesn't add up. we know it's adjusted gross income on a family of 250 grand, but they jump to this millionaire and billionaire. there's 750,000 in the middle. why do they fib about it so much? >> well, look, joe biden is the old guy in that debate, and he acted like a teenager, interrupting and constantly mouthing off and doing this sort of smirky, snarky thing that i think was cute when
>> no, because paul ryan understands i'm all in favor of compromising on the road to liberty. we wanted a $6 trillion spending cut over the next decade when we had that argument in 2011. we got $2.5 trillion, not $6 trillion, not as much as i wanted, not as much as paul ryan wanted, but lower spending than obama was planning. obama instead of reducing spending wants to raise taxes rather than spending cuts. that's not compromising. that's losing. >> another issue, mr. norquist, it...
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Jun 25, 2012
06/12
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and congressman tim ryan joins us. gentlemen, good to have you with us. >> good morning. >> good morning. >> senator, not too many parlor games where nobody knows the answer, even the president at this late hour. but the collective wisdom about the mandate potentially being ruled unconstitutional, do you think they have it right? >> well, i do. i think it's going to be hard to justify the individual mandate under the commerce clause because the commerce clause deals with commerce and what you're telling -- you're telling individuals to take action. that's more of a police power right. and the police power lies with the states, not with the federal government. i suspect that will be the essence of the decision. the question is how far do they go beyond just striking down the individual mandate if they do strike it down. how much more of the bill will they strike down? i suspect there will be a place they will sever it. i don't think the court is going to want to deal with having to take the whole bill down. >> congressm
and congressman tim ryan joins us. gentlemen, good to have you with us. >> good morning. >> good morning. >> senator, not too many parlor games where nobody knows the answer, even the president at this late hour. but the collective wisdom about the mandate potentially being ruled unconstitutional, do you think they have it right? >> well, i do. i think it's going to be hard to justify the individual mandate under the commerce clause because the commerce clause deals with...
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Nov 15, 2012
11/12
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it's the rate of increase, even paul ryan's was going to grow spending at 3% or so a year. >> what would you cut, wilbur? >> hmm? >> what would you not slow but cut? >> you have to deal with medical, for example, talking about the reform in health care is a joke if you don't deal with medical malpractice. there's been no talk about that at all on either side of the aisle. that's a joke that leads to overtesting, too expensive insurance policies. malpractice is not inherent in providing universal health care. >> a couple of points. first of all, wilbur raised the bar by the way, if you're talk being not just slowing the rate of growth of spending but cutting spending that makes the solution a lot harder. i'm not saying you're wrong. i happen to disagree with you. >> i didn't say we should cut actual spending. i said that the verbiage about it is wrong because we're not cutting spend willing. we' we'readjusting the rate of growth. >> we haven't talked about the fact that everybody up there in washington agrees with 98% of the tax policy that should reset which is of course the middle class
it's the rate of increase, even paul ryan's was going to grow spending at 3% or so a year. >> what would you cut, wilbur? >> hmm? >> what would you not slow but cut? >> you have to deal with medical, for example, talking about the reform in health care is a joke if you don't deal with medical malpractice. there's been no talk about that at all on either side of the aisle. that's a joke that leads to overtesting, too expensive insurance policies. malpractice is not...
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Nov 29, 2012
11/12
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and interestingly enough, he's going to meet with paul ryan. where that goes is also anybody's guess, but before that meeting, the speaker's office telling us they accepted the meeting only on the condition that the white house bring up some specific spending cuts and get serious about spending, i talked to senator lindsay gram, a republican, just before geithner walked into the building. he said he doesn't think there's that much asphalt on the road for reins to talk about tax increases at this point, he want f s to see some specific offers from the democrats. >> we'll be coming back to you not too long from now. >>> now to a big earnings mover in the luxury retail sales. brian, i read through your note that you issued this morning. you said still weak but not dismal. same store sales up 1%. inventories climbed 11%. this is not dismal, they are cutting the third year. >> as i look through the results today and there's no question on the face of them, they look really bad. tiffany did earnings per share of 45 cents, we were at 62 cents, i think
and interestingly enough, he's going to meet with paul ryan. where that goes is also anybody's guess, but before that meeting, the speaker's office telling us they accepted the meeting only on the condition that the white house bring up some specific spending cuts and get serious about spending, i talked to senator lindsay gram, a republican, just before geithner walked into the building. he said he doesn't think there's that much asphalt on the road for reins to talk about tax increases at...
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Sep 18, 2012
09/12
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ryan writes, i'll vacuum, dust, do the dishes, i need a robot that folds laundry. >> isn't that what marriage is for? >> whoa. >> wow. >> sharing the task. >> there you go. >> sharing the task. >> just leave it there. >> okay. >> i think is safe to say. >> what's on tap tonight? >>> can the mark sustain these gains? we have noted technical analysts to join us, she'll give us her lowdown when it comes to the s&p, nasdaq, as well as some others. >> interesting, especially on the tail of the interview talking about whether or not this is the high. and cramer's looking into that tonight, as well. >> yep. >> we'll see you all later. >> see you later. >>> here's what you missed earlier on this morning if you're just joining us. >>> welcome to hour three of "squawk on the street." here's what's happening so far. >> i present my views, i speak the truth, quote unquote as i see it. >> you would have voted no? >> i would have voted against it. >> a lot of this weakness in in fedex is in asia. you can see the slowdown in china. part of it is exports. you're seeing the weakness in demand in euro
ryan writes, i'll vacuum, dust, do the dishes, i need a robot that folds laundry. >> isn't that what marriage is for? >> whoa. >> wow. >> sharing the task. >> there you go. >> sharing the task. >> just leave it there. >> okay. >> i think is safe to say. >> what's on tap tonight? >>> can the mark sustain these gains? we have noted technical analysts to join us, she'll give us her lowdown when it comes to the s&p, nasdaq, as...
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Nov 14, 2012
11/12
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. >> and you saw what paul ryan said. the house was re-elected. so people re-elected those people in the house for a reason. it's a nonstarter. it's not going to happen. it's not going to be 1.6 billion. 1.6 trillion. to get to four trillion, that would be 2.4. so we said that. he'll go not 3-1 like simpson bowles. he's go one and a half to one. >> that's not going to happen either. >> but what bothers me -- >> the problem is nothing is going to happen. >> what bothers me is i do think you can get to a point where you raise taxes too much and you don't cut spending enough, where you're just funding entitlements by raising taxes and you don't do anything about it. if he had his way, i really think he would do that. i still don't think he gets it. >> when you hear people who are saying things like that, my guess is if you had boehner and president obama sit down in a room together, they could probably come up with an approach. >> we'll see. you don't have your button. >> i do. >> i'll just make one point. >> what's that? >> if you don't rise above,
. >> and you saw what paul ryan said. the house was re-elected. so people re-elected those people in the house for a reason. it's a nonstarter. it's not going to happen. it's not going to be 1.6 billion. 1.6 trillion. to get to four trillion, that would be 2.4. so we said that. he'll go not 3-1 like simpson bowles. he's go one and a half to one. >> that's not going to happen either. >> but what bothers me -- >> the problem is nothing is going to happen. >> what...
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Feb 27, 2012
02/12
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. >> and ryan writes president obama is his logical successor. who have of what buffett does this way is talk about tax hikes anyway. he had to defend himself from criticism from investors but chris christie said buffett should write a check and shut up. >> i think this letter is the most honest analysis of securities and how to do them. i washwe hadn't got caught up in the tax stuff. he did say it was important. people have to read this in terms of understanding how a stock is valued because it's very informative. >> there's a lot more "squawk on the street" straight ahead. don't go away. >> coming up, will a new home throw of cramer's game? six stocks in 60 seconds "whwhe "squawk on the street" returns. i look at her, and i just want to give her everything. yeah, you -- you know, everything can cost upwards of...[ whistles ] i did not want to think about that. relax, relax, relax. look at me, look at me. three words, dad -- e-trade financial consultants. so i can just go talk to 'em? just walk right in and talk to 'em. dude, those guys are pros
. >> and ryan writes president obama is his logical successor. who have of what buffett does this way is talk about tax hikes anyway. he had to defend himself from criticism from investors but chris christie said buffett should write a check and shut up. >> i think this letter is the most honest analysis of securities and how to do them. i washwe hadn't got caught up in the tax stuff. he did say it was important. people have to read this in terms of understanding how a stock is...